Turkey
Sep 12th, 2024 / الخميس 08 رَبيع الأوّل 1446 Posted by MakeHijrah.com

Turkey’s citizenship-by-investment program has become an increasingly popular route for those looking to secure a second passport and the benefits that come with Turkish citizenship. Here’s an overview of how the process works, the investment options available, and the advantages of holding a Turkish passport.

Key Benefits of Turkish Citizenship

1. Official Hijrah: A Turkish passport provides unrestricted rights to live, work, and conduct business within the country. Citizens also receive free education and healthcare benefits, which enhance the quality of life for families.

2. Visa-Free Travel: Turkish citizens can travel to over 120 countries without needing a visa.

3. Investment Return: After holding the investment for three years, investors have the opportunity to sell their property or business shares and recover their funds, making the program not just a citizenship opportunity but also a sound financial investment.

4. Social Stability: Turkey is known for its favorable Mediterranean climate, beautiful landscapes, rich culture, and hospitality. It is a secure and stable country for those looking to relocate or maintain a second home.

Investment Options

To obtain Turkish citizenship, applicants must invest a minimum of $400,000 into the country’s economy. There are five different pathways for investment:

1. Real Estate Purchase: A minimum investment of $400,000 in Turkish real estate, which can be sold after three years.

2. Business Investment: An investment of $500,000 or more in Turkish business, including starting a company that creates at least 50 jobs.

3. Bank Deposit: A deposit of at least $500,000 in a Turkish bank, which must be maintained for three years.

4. Government Bonds: Purchase of government bonds worth at least $500,000, with the option to sell them after three years.

5. Investment Fund Shares: Purchasing shares in an investment fund for $500,000 or more, which can provide passive income and can also be sold after three years.

The Application Process

The process for obtaining Turkish citizenship typically takes 6–8 months from the submission of your application to the approval. You do not need to reside in Turkey before or after obtaining citizenship, making this an attractive option for investors looking for a second passport without relocating.

1. Select your preferred investment option.

2. Submit your application along with the necessary documents (passport, investment proof, etc.).

3. Once your application is approved, you and your family can receive Turkish citizenship.

Conclusion

With its fast-track process, solid investment options, and wide-reaching travel benefits, Turkey’s citizenship-by-investment program offers an excellent opportunity for individuals and families looking to secure a second citizenship. Whether you're looking for greater mobility, investment opportunities, or a safe haven, Turkish citizenship offers a compelling proposition.